M&A Deal Summary

Textron Ground Support Equipment UK Acquires Douglas Equipment

On January 13, 2015, Textron Ground Support Equipment UK acquired machinery company Douglas Equipment from Curtiss-Wright

Acquisition Highlights
  • This is Textron Ground Support Equipment UK’s 1st transaction in the Machinery sector.
  • This is Textron Ground Support Equipment UK’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-01-13
Target Douglas Equipment
Sector Machinery
Buyer(s) Textron Ground Support Equipment UK
Sellers(s) Curtiss-Wright
Deal Type Divestiture

Target

Douglas Equipment

Cheltenham, United Kingdom
Douglas Equipment Ltd. is a provider of ground support vehicles for the defense and commercial aviation markets.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Textron Ground Support Equipment UK

London, United Kingdom

Category Company
Founded 2014
Sector Machinery
DESCRIPTION

Textron Ground Support Equipment UK Ltd. is a manufacturer of ground support equipment (GSE) in the aviation industry.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Curtiss-Wright

Davidson, North Carolina, United States

Category Company
Founded 1929
Sector Diversified
Employees8,600
Revenue 3.1B USD (2024)
DESCRIPTION

Curtiss-Wright is a global company that delivers engineered, critical-function products and services to the commercial, defense, energy, and industrial markets. The company operates through three segments: Commercial/Industrial, Defense, and Energy. The Commercial segment offers products/services that include surface technology services such as shot peening, laser peening, coatings, and advanced surface analytics; industrial products such as electronic throttle control devices and transmission shifters; electro-mechanical actuation control components, and utility systems used on aircraft. The Defense segment produces embedded computing board-level modules, integrated subsystems, turret aiming and stabilization products, and weapons handling systems. The Energy segment produces a wide range of hardware, pumps, valves, pressure vessels, fastening systems, specialized containment doors, airlock hatches, spent fuel management products, and fluid sealing technologies for nuclear power plants and nuclear equipment manufacturers. Curtiss-Wright was founded in 1929 and is based in Davidson, North Carolina.


DEAL STATS #
Overall 4 of 8
Sector: Machinery M&A 2 of 3
Type: Divestiture M&A Deals 4 of 8
Country: United Kingdom M&A 1 of 1
Year: 2015 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-17 Cimarron Energy

Houston, Texas, United States

Cimarron Energy is a manufacturer of engineered oil and natural gas production and processing equipment, providing separation, measurement, flowback, and environmental products, as well as field services, to oil and natural gas exploration and production and midstream companies. Cimarron Energy was established in 1976 and is based in Houston, Texas.

Sell $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-16 Bolts Metallizing

Phoenix, Arizona, United States

Bolts Metallizing, Inc. is a provider of thermal spray coatings for critical aerospace applications, including high velocity oxygen fuel (HVOF) and plasma spray coating capabilities.

Buy -